AUD/NZD Price Analysis: Dip and a climb keeps the AUD/NZD tussling with 1.0800

The AUD/NZD slumped to a low of 1.0774 on Wednesday before recovering back above 1.0800.
Low side rejections are firming up technical support on the intraday charts.
Aussie could be gearing up for another challenge of the Kiwi which has dominated in November.

Joshua Gibson FXStreet

The AUD/NZD kicked off Wednesday trading dipping into a low of 1.0774 as the Aussie (AUD) pares back Tuesday's gains against the Kiwi (NZD), but the pair staged an intraday recovery to push the AUD/NZD back over the 1.0800 handle.

the pair heads into Thursday's market session trading on the low side of the 200-hour Simple Moving Average (SMA) near 1.0830, and the level for shorts to beat will be the technical support barrier firming up from swing lows into 1.0780.

Daily candlesticks see the AUD/NZD getting strung up on the 200-day SMA just below 1.0820, with the 200- and 50-day SMAs consolidating as near-term momentum evaporates in the Aussie-Kiwi pairing.

The Aussie initially rallied 3% against the Kiwi from October's low bids of 1.0624 into an early November high of 1.0943, but the AUD/NZD pair is now trading back from recent swings into the midrange.

Both the Relative Strength Index (RSI) and the Moving Average Convergence-Divergence (MACD) indicators are waffling into their mid-points as technical momentum devolves into noise in the medium term.

AUD/NZD Hourly Chart

AUD/NZD Daily Chart

AUD/NZD Technical Levels

AUD/NZD

Overview
Today last price	1.0808
Today Daily Change	-0.0021
Today Daily Change %	-0.19
Today daily open	1.0829

Trends
Daily SMA20	1.0857
Daily SMA50	1.0806
Daily SMA100	1.0815
Daily SMA200	1.0815

Levels
Previous Daily High	1.0869
Previous Daily Low	1.0827
Previous Weekly High	1.09
Previous Weekly Low	1.0777
Previous Monthly High	1.093
Previous Monthly Low	1.0624
Daily Fibonacci 38.2%	1.0843
Daily Fibonacci 61.8%	1.0853
Daily Pivot Point S1	1.0814
Daily Pivot Point S2	1.0799
Daily Pivot Point S3	1.0772
Daily Pivot Point R1	1.0857
Daily Pivot Point R2	1.0884
Daily Pivot Point R3	1.0899

Author

Joshua Gibson

FXStreet

Joshua joins the FXStreet team as an Economics and Finance double major from Vancouver Island University with twelve years' experience as an independent trader focusing on technical analysis.

GBP/USD extends the drop to 1.3360

GBP/USD builds on Monday’s decline and briefly clinches five-day lows near 1.3360 on Tuesday. Cable’s extra pullback follows the better tone in the Greenback as uncertainty in the Middle East prompts investors to adopt a cautious stance. Meanwhile, an apathetic UK labour market report also collaborates with the selling pressure on the British Pound.

EUR/USD stays offered just above 1.1400

EUR/USD keeps the downtrend well in place for yet another day, challenging the 1.1400 contention zone on Tuesday. The continuation of the selling impulse in spot comes amid decent gains in the US Dollar, which continues to find support in the persistent effervescence surrounding the US-Iran crisis.

Middle East crisis intensifies, Gold up

Gold now seems to have embarked on a consolidative phase below the key $4,100 mark per troy ounce in the latter part of Tuesday’s session. Meanwhile, uncertainty surrounding the Middle East conflict and rising expectations for a hawkish Fed policy outlook are expected to limit the precious metal’s bullish momentum in the near term.

XRP extends recovery as on-chain activity grows

Ripple (XRP) ticks up and trades around $1.13 at the time of writing on Tuesday. This rebound aligns with a broader recovery in the cryptocurrency market, attributed to reports that mediators between the United States (US) and Iran are seeking a 10-day cessation of strikes to find a way back to the signed Memorandum of Understanding (MoU).

The Iranian war has again risen

The Iranian war has again risen to the top of the economics factor list. There is no end in sight. Intelligence experts say the current level of offense/retaliation will not change minds in Tehran, while in Washington, Trump fears all-out war, which would mean boots on the ground.

US Dollar mid-year outlook: Exceptional currency, exceptional risks?

The US Dollar enters the second half of 2026 in a markedly different position from a year ago. The King currency has recovered, reflecting persistent US inflation, changing expectations for Fed policy, geopolitical tensions and renewed demand for defensive assets.